Veterinary Clinic Startup Cost Comparison

Stamford, CT vs Chicago, IL

Stamford, CT

$386,000 - $2,479,000

COL Index: 143.5

VS

Chicago, IL

$375,000 - $2,426,000

COL Index: 107.8

Detailed Cost Comparison

Expense Stamford, CT Chicago, IL Difference
Licensing & DEA Registration
$3,000 - $15,000 $5,600 - $15,000 -13%
Clinic Space & Build-Out
$191,300 - $1,530,400 $195,700 - $1,565,200 -2%
Medical Equipment
$80,000 - $400,000 $80,000 - $400,000 Same
Practice Management Software
$5,000 - $25,000 $5,000 - $25,000 Same
Insurance (Annual)
$8,000 - $30,000 $8,000 - $30,000 Same
Initial Staffing
$26,400 - $132,000 $23,000 - $115,000 +15%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$57,400 - $287,000 $43,100 - $215,600 +33%
Total Estimated Cost $386,000 - $2,479,000 $375,000 - $2,426,000 +2%

Local Market Factors

Factor Stamford Chicago
Cost of Living Index 143.5 107.8
Commercial Rent ($/sqft/yr) $28 - $60 $25 - $65
Labor Rate Index 1.32 1.15
Sales Tax 6.35% 10.25%
Minimum Wage $16.35/hr $15.80/hr
LLC Filing Fee $120 $150

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